European shares slip for third day, Capgemini-Altran deal buoys tech index [Reuters (UK)]
CAPGEMINI SE UNSP/ADR (CGEMY)
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Source: Reuters
European shares slip for third day, Capgemini-Altran deal buoys tech index - Reuters 4 Min Read (Reuters) - European shares extended losses to a third day on Tuesday amid rising U.S.-Iranian tensions and anxiety over Sino-U.S. trade, but strong gains by Capgemini and Altran on a multi-billion-euro takeover deal helped cap losses. The pan-European STOXX 600 index dipped 0.1% in thin trade with most of the Europe’s country indexes in the red. Sentiment remained shaky after three weeks of solid gains that have reclaimed almost all of a May sell-off, which generated European shares’ worst monthly performance in more than two years. Already subdued in anticipation of headlines from Sino-U.S. trade talks expected over the weekend, sentiment took a further hit after U.S. President Donald Trump signed an executive order imposing sanctions on Iran’s Supreme Leader and other top officials. London’s FTSE rose slightly as energy and material stocks countered losses in most other sectors on the ba
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